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To oversee international expansion, the Alibaba Group is turning to a former Goldman Sachs executive who has long worked with the Chinese internet giant. Alibaba on Tuesday named J. Michael Evans, who already serves on its board, as its president. The role is the biggest for Evans, an Olympic medalist rower who was once seen as a…

As Target Corp. began rolling out smaller-format stores in the past few years, their names — CityTarget and TargetExpress — sometimes sparked confusion. While CityTarget stores located in dense urban areas are generally smaller than Target’s other big-box stores, that wasn’t the case with the CityTarget store that opened last month next to Fenway Park in…

Hillary Clinton is still the presumptive favorite to become the Democratic nominee for the U.S. presidency. But high-powered friends of Starbucks’ CEO Howard Schultz are reportedly eager to anoint him as a challenger to Clinton. The 62-year-old CEO has been urged by supporters to join the Democratic primary, with friends “thinking the time is right for…

Alibaba has partnered with Los Angeles Lakers basketball star Kobe Bryant to create and distribute a series of Kobe-branded products in China and to release his documentary “Kobe Bryant’s Muse.” Demand for Bryant’s merchandise in China might seem an oddity to many, but Bryant has a strong fan base among the NBA-crazed Chinese millennials. “We are thrilled…

J.C. Penney has hired two executives with online and supply chain experience from Home Depot and Target. Michael Amend becomes executive vice president of omnichannel beginning Tuesday. Amend comes to Penney from Home Depot, where he was vice president of online, mobile and omnichannel and worked with Ellison. Mike Robbins, formerly the senior vice president of global…

Sens. Richard Blumenthal and Chris Murphy of Connecticut want some of the nation's largest sporting goods stores to wait for the FBI to complete background checks on gun purchasers in all cases – and hope customers boycott those stores if they don’t. Blumenthal and Murphy have signed letters to Cabela's, Bass Pro Shops and EZ Pawn…

A new chapter has begun at J.C. Penney. Marvin Ellison officially took over the reins from Myron "Mike" Ullman on Saturday, becoming the beleaguered retailer's third CEO in four years. J.C. Penney designed the transition to go as seamlessly as possible, especially after the messy ouster of former CEO Ron Johnson and return of Ullman in April…

Fabric patterns are covered under intellectual property laws. Lilly Pulitzer, known for its bright and unique fabric patterns, is suing Old Navy for copyright infringement, saying the Gap-owned unit blatantly stole two of the designer’s fabric prints. While apparel designs aren't covered by any intellectual property laws, one-of-a-kind prints and patterns do fall under that protection. Sugartown…

Is Cosmopolitan so racy it needs to be covered up? Rite Aid and Food Lion think so. The two retailers will soon place issues of Cosmopolitan magazine behind “blinders” to shield minors from the magazine’s sexual content, they confirmed separately on Friday.  

Amazon.com has placed new restrictions on how many users can access a Prime account and is excluding businesses from the program. People pay $99 for Amazon Prime membership, and until this month, were allowed to share their account with four other members. A new provision called "Amazon Households" restricts members to sharing the program with up…